Offshore RMB interbank offered rates mostly fall, with one-year rate hitting a nearly two-week low

Golden Ten Data reported on March 30 that key indicators measuring offshore RMB liquidity—the offshore RMB Hong Kong Interbank Offered Rate (Hibor)—showed that most major term interest rates declined on Monday. The one-year Hibor fell slightly to 1.85455%, hitting a new low since March 17. The one-week Hibor edged down to 1.55500%, the two-week Hibor dropped to 1.57303%, while the overnight Hibor rose by 15 basis points to 1.35697%. Click the link to view historical data…